Sometimes when we're busy I take some calls and it's like riding a bike.I'm sure someday that skill will translate over to REI when I get more comfortable.

He laready had "The Blind Side" and Moneyball made into movies.Not sure "The Big Short" would translate well to the screen.His latest book "Boomerang" is supposed to be really good as well.

As kflow's discovered, $800 of rent vs. a $600 payment doesn't translate into actual income.

I am gauging my business partner's interest, and I appreciate the offer to PM or discuss over the phone; which I will do assuming my partner is on board.Ryan- translating Nashville neighborhoods to Atlanta neighborhoods is a big help.A general follow up for you two, if time permits: do either of you have a solid property manager in Nashville?

Recently in order to make heads or tails of statements I received, I translated them into something much simpler in excel rather than the AppFolio statements I receive.  

- Kiyosaki, Robert T.The Millionaire Next Door - Stanley, Thomas J.Rich Dad, Poor Dad - Kiyosaki, Robert T.And lastly two Business books which are my favorite and I think translate very easily into the Real estate world are:1.

The training translates no matter what industry you are in.

I always try to be right at comparable market rent, but also try to go with slightly nicer (but still affordable and durable) finishes than my competition to provide a little extra value, which translates into less turnover.

I currently have a Seller and his Tenant (Property Owner & Gas Station Business Owner) accept my Letter of Intent and I literally only gave them $25 each ($50 total) as my option period fee to do my Due Diligence for 30 BUSINESS DAYS (which translates to about 6 Business Weeks). 

We'd pay cash because that's what Chinese do (we paid for our house here in cash) and it would be hard to get a loan since we don't make much when compared to American jobs of the same kind, nor do we want to deal with that extra paperwork of translating our work documents, etc.My sister loves a good fixer upper and is willing to help us with repairs/landlord stuff.